Carousel/Missing Trader Fraud January 09, 2025 CBA outlines strategies to combat GST/HST carousel fraud through prevention, enforcement, and systemic reforms
Income Tax Act — Summary of Feedback on the EIFEL Administration November 22, 2024 The Joint CBA/CPA of Canada Taxation Committee comments on the consultation on the Excessive Interest and Financing Expenses Limitation (EIFEL) proposals.
Income Tax Act — Information gathering under Income Tax Act September 11, 2024 CBA/CPA Joint Taxation Committee calls for revisions to Budget 2024 tax audit powers to protect taxpayer rights and ensure fairness
Income Tax Act — Trust Reporting September 11, 2024 CBA/CPA Joint Taxation Committee submitted recommendations on improving trust reporting under the Income Tax Act, focusing on clarifying exceptions, thresholds, and reporting rules.
Bill C-32 — Exemption of Retirement Compensation Arrangements Top-Ups July 30, 2024 Pensions & Benefits Sections advocate for exemptions on beneficial ownership reporting for Retirement Compensation Arrangements.
Income Tax Act — Trust Reporting July 19, 2024 CBA/CPA Joint Taxation Committee proposes improvements to trust reporting rules for taxable and disregarded trusts.
Federal Courts Rules - 2024 Global Review July 02, 2024 The CBA comments on the proposed overview of the Federal Courts Rules touching on procedural and jurisprudential developments.
Income Tax Act — Federal Budget 2024 – Capital Gains Inclusion Rate May 01, 2024 CBA/CPA Joint Taxation Committee offers time-sensitive recommendations on the implementation of Budget 2024’s higher capital gains inclusion rate.
Bill C-59 – Fall Economic Statement Implementation Act, 2023 April 29, 2024 The CBA addresses a recommendation of the Commissioner of Competition on amendments to the Competition Act in Bill C-59, the Fall Economic Statement Act, 2023.
Bill C-59 — Income Tax Act, Tax on Repurchases of Equity March 26, 2024 The Joint Canadian Bar Association/Canadian Professional Accountants of Canada Taxation Committee recommends fixes to technical issues that could adversely impact bona fide acquisition transactions involving Canadian public corporations.